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TREATMENT OF CENTRAL GOVERNMENT SUBSIDY TO FERTILISER MANUFACTURERS, Goods and Services Tax - GST

Issue Id: - 115049
Dated: 5-6-2019
By:- Pramod Panda
TREATMENT OF CENTRAL GOVERNMENT SUBSIDY TO FERTILISER MANUFACTURERS

  • Contents

A MANUFACTURER OF SSP FERTILIZER IS RECEIVING SUBSIDY FROM CENTRAL GOVERNMENT WHICH DOES NOT CONSTITUTE PART OF VALUE OF SUPPLY IN ACCORDANCE WITH SEC-15(2)(e) OF THE CGST ACT.

QUERY;

1. WHETHER SUCH SUBSIDY IS A NON GST SUPPLY OR EXEMPTED SUPPLY OR NO SUPPLY?

2. WHERE TO SUCH SUCH ITEMS IN GSTR-9 AND GSTR-9C ?

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Showing Replies 1 to 3 of 3 Records

1 Dated: 5-6-2019
By:- KASTURI SETHI

1. It is exempted supply.

2. Show it in Table N0.5(D) of GSTR-9

3. Show in in Table No.7 (B) of GSTR-9C.


2 Dated: 7-6-2019
By:- Pramod Panda

DEAR KASTURIJI,

IN MY VIEW, SINCE THE SUBSIDY RECEIVED FROM CENTRAL GOVERNMENT IS NOT TO BE CONSIDERED AS PART OF THE VALUATION AS PER SEC-15(2)(e) FOR THE PURPOSE LEVY OF GST, IT SHOULD BE CONSIDERED AS NO-SUPPLY.


3 Dated: 8-6-2019
By:- KASTURI SETHI

It cannot be termed as "No supply". It can be called as non-taxable supply. "No supply" has been defined/detailed in Schedule-III under Section 7 of CGST Act, 2017.


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